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Jan 28, 2013
01/13
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i call the social security department, they wanted me to call the irs. >> in two scathing report last year, treasuries internal watch dog blasted the irs. >> it can take more than a year for a cheated taxpayer to an issue like this resolved. that is unacceptable. >> it feels like the irs got caught flat-footed with all of this. is that care? >> irs takes refund fraud and identity theft seriously. as we strengthen our systems, thieves find new wayes it try to scam the systems. >> that means a lot of this is on you. what can you do? file as early as you can so you don't give crooks a window to feel ahead of you. guard your identity, especially your social security number. if you are a victim of identity theft at any time of the year, alert the irs along with banks and credit card companies. irs does say it is constantly coming up with new filters to protect fraudulent returns. they don't want to tell us what those are so as not to give crooks ideas. we have more tips and more about this case on-line. tyler? >> scott, thank you very much. >>> and the smart phone smackdown. is apple losin
i call the social security department, they wanted me to call the irs. >> in two scathing report last year, treasuries internal watch dog blasted the irs. >> it can take more than a year for a cheated taxpayer to an issue like this resolved. that is unacceptable. >> it feels like the irs got caught flat-footed with all of this. is that care? >> irs takes refund fraud and identity theft seriously. as we strengthen our systems, thieves find new wayes it try to scam the...
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Jan 11, 2013
01/13
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the eight days later issues, the irs has to wait eight days because of the last minute tax changes of last year, are you advising people don't look at that time for you, start putting this together now? >> yes. actually, liz, it is really 15 days because the irs already put it off seven days. it is a total of 15-day delay from last year. we're telling people, go ahead and get ready to file, those file first get their refund the soonest. liz: all of these changes cause confusion with people. i'm just interested from the perspective of a ceo of a tax preparer like liberty, does this help your business? because a lot of people say, i don't know what i should do here, i need these guys? >> absolutely. whenever there is change, when there is consternation it drives people to prepare. as it should. liz: john, nice to see you. happy new year. >> nice to see you again. >> we'll be hearing from john in the future between now and tax time. john hewitt, chairman and ceo of liberty tax. david? david: everybody here in studio is looking up at that list of deductions. that is a good segment. we'll
the eight days later issues, the irs has to wait eight days because of the last minute tax changes of last year, are you advising people don't look at that time for you, start putting this together now? >> yes. actually, liz, it is really 15 days because the irs already put it off seven days. it is a total of 15-day delay from last year. we're telling people, go ahead and get ready to file, those file first get their refund the soonest. liz: all of these changes cause confusion with...
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Jan 30, 2013
01/13
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is the irs changing the way the order goes through tax returns? >> if they are, if the irs is changing the way or the order of processing their tax returns, that's not something that they have publicly shared with us. what we do know is that in, starting on january 26th, we had bee gun some early season testing with them, with live returns that we had stocked up and ready did to submit. everyone in the industry does this. and so now those returns that we were able to submit early through testing we expect we'll start getting their refunds issued a little bit sooner. so there is some good news coming for people who already had their returns prepared and ready to go. lori: cathy, thank you so much. of h&r block. i can't believe it is tax season. i can't believe so many people are diligent about filing on time. melissa: good for them. it is quarter toe. as we do every 15 minutes let's check the markets. nicole petallides on the floor of the new york stock exchange reporting names after the bell. nicole? >> that's right. we'll look at a few names we'l
is the irs changing the way the order goes through tax returns? >> if they are, if the irs is changing the way or the order of processing their tax returns, that's not something that they have publicly shared with us. what we do know is that in, starting on january 26th, we had bee gun some early season testing with them, with live returns that we had stocked up and ready did to submit. everyone in the industry does this. and so now those returns that we were able to submit early through...
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Jan 9, 2013
01/13
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the irs will accept 2012 tax returns starting january 30th, 8 days later than planned due to tax law changes in the fiscal cliff bill. now for an early look at how alcoa's earnings could affect today's trading. larry shover of sfg alternatives joins us. and what do you think here larry? > > yesterday's number was good. most people weren't expecting them to beat on revenue. but they beat by quite a bit. people were maybe thinking earnings per share, that could be better. but that is a good thing for the market, a good thing for the materials sector. i think it is going to give a lot of confidence going forward. > the stock market pulled back yesterday. should investors be concerned about that, or is it just one of those things that has to happen here? > > let's look at what happened. we had a gigantic rally january 2nd. right now we are just digesting and consolidating those gains. we are seeing correlations break down, which means certain groups are doing better than others. people are just kind of consolidating what they have and looking forward to what the next catalyst might be in
the irs will accept 2012 tax returns starting january 30th, 8 days later than planned due to tax law changes in the fiscal cliff bill. now for an early look at how alcoa's earnings could affect today's trading. larry shover of sfg alternatives joins us. and what do you think here larry? > > yesterday's number was good. most people weren't expecting them to beat on revenue. but they beat by quite a bit. people were maybe thinking earnings per share, that could be better. but that is a good...
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Jan 8, 2013
01/13
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that's because the delays over fiscal cliff legislation caused formatting changes for irs. they had to change a lot of electronic forms and documents they used to back up the tax year. the irs saying amt, among other big changes from last year that's going to necessitate a delay this year, they are saying most taxpayers will begin filing on january 30th. some folks, including those who collect energy credits and other things will have to wait longer than that for more detailed forms to be filled out. mandy and brian, back to you guys. >> all right, ahman, thank you very much. >>> biotech has been like buster poindexter, hot, hot, hot. it's up 32% over the past year and many names doing better. in fact, we dug these out for you. here are the three hottest biotech stocks over the past 13 weeks, aka, quarter. questcor, hard to treat autoimmune, their drug sells for $28 a vile even though it was developed in the 1950s by a former meat packing company in chicago. dendreon, hot and cold stock over the last 20 years. number three stock, biomarin up 25% in the last weeks. >> what's
that's because the delays over fiscal cliff legislation caused formatting changes for irs. they had to change a lot of electronic forms and documents they used to back up the tax year. the irs saying amt, among other big changes from last year that's going to necessitate a delay this year, they are saying most taxpayers will begin filing on january 30th. some folks, including those who collect energy credits and other things will have to wait longer than that for more detailed forms to be...
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Jan 15, 2013
01/13
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the irs is saying that it's causing the irs to pay out too much cash for clunkers. the rules, they say, are not being followed by a lot of americans when they are taking large noncash charitable donations, things like cars being donated to a charity. in 2010, more than 273 taxpayers claimed $3.8 billion in potentially ear roan yous contributions. that all resulted in a about $1.1 billion in a reduction in tax. and the inspector general is saying approximately 60% of donors did not comply with reports requirements. what they are saying here is that the irs form 1098 c in particular is one that a lot of payers are not filling out and filing with the ir is s. that's what the form is that you're supposed to turn in when you donate a car to charity, you're supposed to document the value of that car. what they found is when they checked with the charities, a lot of them did not have the same value, that the taxpayers themselves were reports. this is going to be one to watch out for. they made changes at the irs and the irs so new rules to come here, carl. >> thank you, ea
the irs is saying that it's causing the irs to pay out too much cash for clunkers. the rules, they say, are not being followed by a lot of americans when they are taking large noncash charitable donations, things like cars being donated to a charity. in 2010, more than 273 taxpayers claimed $3.8 billion in potentially ear roan yous contributions. that all resulted in a about $1.1 billion in a reduction in tax. and the inspector general is saying approximately 60% of donors did not comply with...
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ire of french leaders traitor at home he's far from the only wealthy french person to flee the country over exorbitant new taxes and one of the destinations they've been heading for it's russia let's look at the taxes and that's the question at hand right now if you look at russia at the current laws we have a flat tax rate here of thirteen percent in fact france and germany they both have complicated tax codes if you look at france forty one percent right now up to forty one percent in germany up to forty five percent as opposed to russia's thirteen percent but if this new law comes into effect in france that. market for france goes up to seventy five percent certainly there when it comes to the global meltdown that we've been seeing for years particularly twenty twelve was not a good year for the eurozone or for much of the world indeed but somehow russia managed to avoid the global economic crisis and that is certainly the case in fact it is one of the brics countries which means it is one of the emerging markets in the world but if you look at what's been happening around europe in
ire of french leaders traitor at home he's far from the only wealthy french person to flee the country over exorbitant new taxes and one of the destinations they've been heading for it's russia let's look at the taxes and that's the question at hand right now if you look at russia at the current laws we have a flat tax rate here of thirteen percent in fact france and germany they both have complicated tax codes if you look at france forty one percent right now up to forty one percent in germany...
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coming up the irs releasing new guidelines for your paycheck following the fiscal cliff deal. gerri willis breaks it down next. first how's the dollar moving right now as we finish out another trading week? it is kind of mixed. euro up against the dollar. the pound down overall. overall not a whole lot of movement. we'll be right back. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person /7, you need an ally. hello? ally bank. your money needs an ally. ing. >> 22 past the hour i'm anna kooiman with your fox news minute. break being this hour, the senate passing superstorm sandy relief bill approved by the house earlier today. 354-67. all 67 no votes in the house were cast by republicans including former gop vice-presidential nominee paul ryan. >>> former massachusetts representative barney frank has been out of congress one day and already he wants back in. the democrat telling bay state governor duval patrick he wants to be appointed to serve the remainder
coming up the irs releasing new guidelines for your paycheck following the fiscal cliff deal. gerri willis breaks it down next. first how's the dollar moving right now as we finish out another trading week? it is kind of mixed. euro up against the dollar. the pound down overall. overall not a whole lot of movement. we'll be right back. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a...
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Jan 31, 2013
01/13
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tax matters are handled very simply by the irs. the bureau wouldn't be involved in a tax matter. >> right. that was what i was thinking. david, you make an interesting point that so far harry reid has not really put senator menendez in the chair of the senate foreign recessi foreign relations committee. that could be because john kerry was cleared as secretary of state or it could be -- as i think you are thinking -- that reid doesn't want to risk it until the dust clears. why isn't menendez head of the foreign relations committee officially? >> first of all, it requires an upgrade in his security clearance sfa us the. one thing they ask is if you have liabilities with foreign interests, exposure to blackmail. these are things that can blow up in the face of the democratic leadership and the senate as a whole. harry reid would be stupid to take that kind of risk. if anything, the timing of the fbi raid may have been encouraged by senator reid and the democratic leadership. they want to get it resolved as quickly as possible so that
tax matters are handled very simply by the irs. the bureau wouldn't be involved in a tax matter. >> right. that was what i was thinking. david, you make an interesting point that so far harry reid has not really put senator menendez in the chair of the senate foreign recessi foreign relations committee. that could be because john kerry was cleared as secretary of state or it could be -- as i think you are thinking -- that reid doesn't want to risk it until the dust clears. why isn't...
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vessels and spill containment vessel. >>> the irs will start accepting 2012 tax returns on january 30th. that is eight days later than it planned. the agency blames the delay on the last minute tax law changes made in the fiscal cliff deal. >>> superstorm sandy will likely cost the insurance industry at least $20 billion according to a new report from fitch ratings. fitch says the complexity assessing insurance losses from such a large and intense storm over a widespread region created uncertainty in estimating ultimate insured losses from superstorm sandy. that's the latest from the fox business network, giving you the power to prosper liz: welcome back, everybody, live in las vegas on the floor of the consumer electronics show. we moved to a panel here. good friend of this broadcast is rob enderle. they're talking about evolution whether the pc survives. yes, according to rob. what about panasonic, everybody is talking about rumors that they would be getting out of the television business. get it straight from the horse's mouth. joe taylor is the head of panasonic america, north ameri
vessels and spill containment vessel. >>> the irs will start accepting 2012 tax returns on january 30th. that is eight days later than it planned. the agency blames the delay on the last minute tax law changes made in the fiscal cliff deal. >>> superstorm sandy will likely cost the insurance industry at least $20 billion according to a new report from fitch ratings. fitch says the complexity assessing insurance losses from such a large and intense storm over a widespread...
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Jan 11, 2013
01/13
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story with the woman ststpipi the intru ir,ru yr,'lloul obably here 10 more times in the media from this day forward. you watch. appreciate it. >> we had a huge spike in crime 1960's, 1970's and 1980's. the correct they are are you is amazing. the guy who wrote the article about it will explain it all when we come back. >> leaded gas introduced a whole new level of lead p p p p p p p p p p p p p p p p p p p p p p p p p p p p p p p you know who's coming on to me now? you know the kind of guys who do like verse mortgage commercials? those types are coming on to me all the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> you would rather deal with ahmadinejad then me. >> absolutely! >> and so would mitt romeny. >> she's joy behar. >> and the best part is that current will let me say anything. what the hell were they thinking? >> only on current tv. [ voice of dennis ] allstate. with accident forgiveness, they guarantee your rates won't go up just because
story with the woman ststpipi the intru ir,ru yr,'lloul obably here 10 more times in the media from this day forward. you watch. appreciate it. >> we had a huge spike in crime 1960's, 1970's and 1980's. the correct they are are you is amazing. the guy who wrote the article about it will explain it all when we come back. >> leaded gas introduced a whole new level of lead p p p p p p p p p p p p p p p p p p p p p p p p p p p p p p p you know who's coming on to me now? you know the...
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Jan 11, 2013
01/13
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as treasury secretary, he's sitting over the irs and the national debt unless we get some meaningful change here, which i do not anticipate, i feel like this nomination's not going to make a whole lot of difference. stuart: carol, i'm very glad you agree with me and sure that kirsten will agree with me. there will no change policy. tax the rich some more, forget about spending cuts and ignore the the debt. you know i'm right, kirsten, don't you? >> you're probably right. i hope you're wrong. i hope you're wrong. i don't want that end up being what's happening. the truth is-- >> hold on, i really apologize for interrupting like this. you think i'm wrong. >> yeah. stuart: do you really think that nancy pelosi and the president are going to back off on their threat to tax the rich even more? and we don't want any touching of social security, medicare and medicaid. >> you're definitely right about the taxes going up and i'm hopeful you're wrong about the fact he's not going to address debt and spending and i think i'm just going to hold out hope that they are going to, you know, actually
as treasury secretary, he's sitting over the irs and the national debt unless we get some meaningful change here, which i do not anticipate, i feel like this nomination's not going to make a whole lot of difference. stuart: carol, i'm very glad you agree with me and sure that kirsten will agree with me. there will no change policy. tax the rich some more, forget about spending cuts and ignore the the debt. you know i'm right, kirsten, don't you? >> you're probably right. i hope you're...
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weren't you ired to write a very thoughtful piece about how it's relevant today so what do you think is a modern economic message to take away from lame is well it's a story about liberty versus power and how many ways represents the modern state i mean pursuing this for example asleep no reason i mean just just a posthumous grudge that really makes no sense whatsoever and so many of the modern stuff this way and regulatory apparatus and drugs i mean all the things that it's doing it's almost like an inertia an unquestioning status to religion we have to do this because it's the rule because in the movie he's after john bell john for breaking his parole for stealing a loaf of bread and that's his you know run one main goal in life regardless of the fact that anybody watching can say ok this is absurd i don't. and it's preposterous and you have to be sympathetic to the german version because there was a time of great poverty that's because this petty crime was committed you know twenty years ago it's a little bit disproportionate to hound a guy for the rest of it's his last so jump on
weren't you ired to write a very thoughtful piece about how it's relevant today so what do you think is a modern economic message to take away from lame is well it's a story about liberty versus power and how many ways represents the modern state i mean pursuing this for example asleep no reason i mean just just a posthumous grudge that really makes no sense whatsoever and so many of the modern stuff this way and regulatory apparatus and drugs i mean all the things that it's doing it's almost...
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Jan 9, 2013
01/13
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the irs is blaming the fiscal cliff legislation. the change means that early filing taxpayers will have to wait until at least february for a refund. >> okay. >>> this is very important news on wall street this morning. the fed -- a lot of people haven't paid enough attention. the fed is considering changes to what's called the lincoln amendment in the dodd frank bill. the f.t. says the fed is weighing a plan to treat the u.s. arms of foreign banks as separate entities from their foreign parents. this means it would exempt foreign parents from having to actually comply with dodd-frank. only the u.s. arm, therefore, would have to meet the requirements. so if you're a deutsche bank, just your u.s. arm needs to meet dodd-frank, not the entire institution. >> can't you shuffle things? >> that's the big -- that's what opponents of doing this would say. >> makes it seem fruitless that at a corporation you could do whatever you want with -- >> exactly. a number of foreign banks and regulators have campaigned to the fed to say, look, we hav
the irs is blaming the fiscal cliff legislation. the change means that early filing taxpayers will have to wait until at least february for a refund. >> okay. >>> this is very important news on wall street this morning. the fed -- a lot of people haven't paid enough attention. the fed is considering changes to what's called the lincoln amendment in the dodd frank bill. the f.t. says the fed is weighing a plan to treat the u.s. arms of foreign banks as separate entities from their...
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Jan 15, 2013
01/13
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under the technical irs rules. this plan is designed to discourage any person from becoming a 5% shareholder. so poison pill for doughnuts. >> i love krispy kremes. now it's time to get behind the wheel with nissan. the company unveiling the latest version of the low cast verse to. phil lebeau has a very special guest. >> good morning, andrew. i'm joined by the chairman and ceo of nissan renault carlos ghosn joining us here at the detroit auto show. we're going to talk a little more about some of your newer products but so many comments regarding the leaf and the struggles you've had with it. characterize if you could what happened in 2012 with the leaf? >> well, you know, the leaf increased year on year. global sales increased by 22%. so people say we're in trouble because we said it would increase by 50% and increased by only 22%. but we -- some of them are, in fact, the product, we made a lot of modifications, we're coming with a model year 2013 taking care of these problems. a lot of them being $6,000 down -- >
under the technical irs rules. this plan is designed to discourage any person from becoming a 5% shareholder. so poison pill for doughnuts. >> i love krispy kremes. now it's time to get behind the wheel with nissan. the company unveiling the latest version of the low cast verse to. phil lebeau has a very special guest. >> good morning, andrew. i'm joined by the chairman and ceo of nissan renault carlos ghosn joining us here at the detroit auto show. we're going to talk a little more...
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Jan 26, 2013
01/13
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because if a conservative had decided to restrict the irs that it would no longer collect capital gains tax, which is a way to enact the capital gains tax elimination without congress, we would all be astonished by that and clearly say that you cannot do it. but that is what the dream that was. similarly, with the attempt by the hhs to pass regulations, which undermines the will -- the climate in welfare, which was one of the great successes of the policy in the 1990's. i don't know if there will be challenged in the courts, but what happened today will give the administration some pause in trying to legislate and to go around the constitution. particularly in light of what obama said on monday about climate change, i.t. controlling the energy economy, bing -- i.e. controlling the energy economy, the way he wants to control things, he knows he can get any of that through congress. he tried the capt. trade. the democratic senator from west virginia -- cap and trade. the democratic senator from west virginia put a bullet little it's true that bill, which has interesting implications for g
because if a conservative had decided to restrict the irs that it would no longer collect capital gains tax, which is a way to enact the capital gains tax elimination without congress, we would all be astonished by that and clearly say that you cannot do it. but that is what the dream that was. similarly, with the attempt by the hhs to pass regulations, which undermines the will -- the climate in welfare, which was one of the great successes of the policy in the 1990's. i don't know if there...
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Jan 29, 2013
01/13
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hoping for. >>> and the irs has approved the government for getting documents from ubs. the u.s. government previously accused wegelin of using a corresponding account at ubs to correspond monies for clients from the u.s. >>> u.s. authorities are reportedly pushing for royal bank of scotland to agree to criminal charges as part of its libor settlement. but executives are reportedly rejecting the plea. >> and happy birthday. not to you, not to me, to the etf industry. very exciting. it is the 20th birthday of the first major index. almost old enough to drink. >> you're in europe now, okay? >> we want to know whether you've invested in the products. has ubs changed products for better or worse? what should the drinking age be? e-mail us, worldwide@cnbc.com and tweet us, @cnbcwex to get involved. >> it's 16. or 18? >> i think is 16 old enough to invest in etfs, do you think? you can be any age to invest, right? >> we've been asking guests on the program, and this st one of the debates that, yes, they have ach lower cost, they allow you to invest across products. >> and it's
hoping for. >>> and the irs has approved the government for getting documents from ubs. the u.s. government previously accused wegelin of using a corresponding account at ubs to correspond monies for clients from the u.s. >>> u.s. authorities are reportedly pushing for royal bank of scotland to agree to criminal charges as part of its libor settlement. but executives are reportedly rejecting the plea. >> and happy birthday. not to you, not to me, to the etf industry....
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Jan 15, 2013
01/13
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you know, in the '90s the irs had when in clinton's first term the irs had spent $4 billion on failed information technology programs. part of the federal government's problem with information technology had to do with the fact that it had legacy systems. if it wasn't for the u.s. department of defense and the social security administration, we wouldn't have the internet. that's where it came from. so there was, there was sort of an unusual situation there unique to any place in the world. and i think, actually, between the bush administration and especially the obama administration there's actually been great leaps forward in terms of transactional use of the internet. people file their taxes online. this goes off year after year with relatively to problems. you know -- no problems. you know, this has actually been, those two things have been good advantages. i think the major failing over the last 20 years, and it really goes even back beyond that, is that because we were in a sort of anti-government mode for much of that time and we had at least until the last election a very ascen
you know, in the '90s the irs had when in clinton's first term the irs had spent $4 billion on failed information technology programs. part of the federal government's problem with information technology had to do with the fact that it had legacy systems. if it wasn't for the u.s. department of defense and the social security administration, we wouldn't have the internet. that's where it came from. so there was, there was sort of an unusual situation there unique to any place in the world. and...
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Jan 10, 2013
01/13
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people would find it absurd if the irs said it. but when the white house tells immigration to do that, somehow it is a good thing. host: another comment on twitter. "realistically speaking, we will not round up 12 million people and send them back." harold is a democrat. welcome. caller: hello. i love c-span. thank you for having me on your show. the natural immigration of human beings has been turned into a prohibited and criminalize activity, with proper management but and identification of people moving around in our nation in doing business in our nation is much more important. president bush before 9/11 said his number one priority in the united states was going to be opening up the united states to the tremendous economic growth that would be possible by developing this side of the planet. that is true. because of our fear and invested interest, law enforcement and other groups have made huge amounts of money from criminalizing people for doing things that are natural human activities, have destroyed economic opportunities fo
people would find it absurd if the irs said it. but when the white house tells immigration to do that, somehow it is a good thing. host: another comment on twitter. "realistically speaking, we will not round up 12 million people and send them back." harold is a democrat. welcome. caller: hello. i love c-span. thank you for having me on your show. the natural immigration of human beings has been turned into a prohibited and criminalize activity, with proper management but and...
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Jan 14, 2013
01/13
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allowances you should claim by using the work sheet on the irs website. if you have a qualifying retirement plan at work, now is the time to make sure you're contributing the maximum amount. you'll reduce your taxable wages by the amount you put in. you can save up to $17,500 in your 401(k) this year. that's a 3% increase from 2012 and those 50 and over can add an extra catch-up contribution of $5500 for a total of $23,000. you also want to examine all of your property and casualty and life insurance policies and compare rates. and ask your insurance agent about the rate to lower premiums, and ask for discounts for loyalty and good driving and ways to bundle multiple policies. getting a second opinion from another agent will help to make sure you're getting the best rate. and of course, mortgage rates are still at historic lows but you don't want to keep wages from going even lower. take advantage of the low rates now to lower your monthny mortgage payment, and use an online calculator like bankrate.com tat can tell you how much you can save by getting a
allowances you should claim by using the work sheet on the irs website. if you have a qualifying retirement plan at work, now is the time to make sure you're contributing the maximum amount. you'll reduce your taxable wages by the amount you put in. you can save up to $17,500 in your 401(k) this year. that's a 3% increase from 2012 and those 50 and over can add an extra catch-up contribution of $5500 for a total of $23,000. you also want to examine all of your property and casualty and life...
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Jan 24, 2013
01/13
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CSPAN2
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the so sans are rising because they are getting warm ir. water expands as it warmth warmer seas also threaten multibillion-dollar maritime industries here in our country, industries like fishing and tourism. when water is too warm it stresses fish, coral, and other sea life. as said, the winter flounder catch in rhode island has been crushed by warming water. when water is too warm, it can't be used for cooling power plants. that's what caused last summer's shutdown of unit 2 at the mil millstone power plant in connecticut. the temperature of the water in long island sound climbed to over 75 degrees fahrenheit, too warm to cool a nuclear reactor. carbon dioxide, of course, doesn't just warm the atmosphere and warm the a shops; car boon dioxide also gets absorbed into the owe shafnls the oceans become more acidic. carbon pollution like hugh mans has caused a nearly 30% increase in the acidity of the ocean, and this ocean acidification is certainly caused by human activity. as the draft national climate assessment explains, ocean acidificatio
the so sans are rising because they are getting warm ir. water expands as it warmth warmer seas also threaten multibillion-dollar maritime industries here in our country, industries like fishing and tourism. when water is too warm it stresses fish, coral, and other sea life. as said, the winter flounder catch in rhode island has been crushed by warming water. when water is too warm, it can't be used for cooling power plants. that's what caused last summer's shutdown of unit 2 at the mil...
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so for a single earner at $38,000 a year, yesterday the irs said with old 5400 a year. if you're 90 grand, you will pay almost 20,000 in taxes. 2400 more last year. make 185 grand? government will with hold 50 grand. an increase of $6,000. finally if you make over 400 your payroll taxes will increase by about $14,000 a year. >> pretty large majority of people will see that doop -- drop in the net pay in the first paycheck. the others maybe in their second or third during the month of january. >> now, remember, fica taxes pay for social security and medicare and according to the urban institute for a great majority of workers you get more back than you actually pay. in fact the numbers are this. over a lifetime you will pay 345,000 in fica taxes. and benefits are about 416,000. those are the numbers. maybe we'll get it. maybe we won't. but for the average worker you get more back than you put in. back to you. ashley: that dreaded fica. william la skra necessary. thank you. tracy: i know william does not believe we're actually getting that back. he just read the script li
so for a single earner at $38,000 a year, yesterday the irs said with old 5400 a year. if you're 90 grand, you will pay almost 20,000 in taxes. 2400 more last year. make 185 grand? government will with hold 50 grand. an increase of $6,000. finally if you make over 400 your payroll taxes will increase by about $14,000 a year. >> pretty large majority of people will see that doop -- drop in the net pay in the first paycheck. the others maybe in their second or third during the month of...
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Jan 31, 2013
01/13
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have on our ccaancs for a 3 3&p wwcked januarr weather as pur unseasonably arm ir. air. a tornado appaaently about oo this maasive tornndo touched down in dairsville, georgia, about sixty miless north of atlanta.. it fillld 33 entire manufacturing plant. -3 workers ran for safety as the & heavy steel ggrdees came own arounddthem. 3 aad ww ere unner a tornndoo watch here in baltimore - toniggh. as heehigh winns arrived, so did he eavyy rains. it fell in sheett as you can see in this viewer video from fallston. ii as theessme from fallston. it was he same cene around the 3 to keep up with this powwrful p what's innstore for theerestt of the night? 3&pchief meteorologist vvyas reid is racking thh stooms. storms. 3 lee's go to hhm for a look at 3 3&pit's a toryywee irst broke on fox baltimore dot com.a ppincipal at a high school in southwest bbltimore ... ressgns... amid allegations... he had... inappropriatt communication pith student. 3& munt saint josspp igh sccool annnunced barryyfitzpattickks - pesignation erlier today after reeently finding that 3 witt the student were
have on our ccaancs for a 3 3&p wwcked januarr weather as pur unseasonably arm ir. air. a tornado appaaently about oo this maasive tornndo touched down in dairsville, georgia, about sixty miless north of atlanta.. it fillld 33 entire manufacturing plant. -3 workers ran for safety as the & heavy steel ggrdees came own arounddthem. 3 aad ww ere unner a tornndoo watch here in baltimore - toniggh. as heehigh winns arrived, so did he eavyy rains. it fell in sheett as you can see in this...
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Jan 8, 2013
01/13
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the irs could wait 45 days, after april 15th and then there are a whole lot of other things they have to make tough decisions on. veterans benefits, food stamps. there is a whole lot of money due. and something can not be paid if we can't borrow anymore. jenna: interesting. they have to delay some of those payments just to have the right balance sheet. all right, charles, it is something we'll continue to watch. >> keep your fingers crossed, jenna. jenna: i will, all of them. >> see you later. jon: and keep your credit cards paid. a new report says an al kind-linked terrorist is among eight people killed by a u.s. drone strike in pakistan. as you probably know the obama administration has stepped up the use of drones overseas to target suspected terrorists. president obama's nomination of john brennan to be the next cia director suggests that trend is likely to continue. brennan, a strong proponent of drones as the president's chief counterterrorism advisor. for more on how the u.s. drone program works let's get to chief washington correspondent james rosen. he is live for us at the s
the irs could wait 45 days, after april 15th and then there are a whole lot of other things they have to make tough decisions on. veterans benefits, food stamps. there is a whole lot of money due. and something can not be paid if we can't borrow anymore. jenna: interesting. they have to delay some of those payments just to have the right balance sheet. all right, charles, it is something we'll continue to watch. >> keep your fingers crossed, jenna. jenna: i will, all of them. >> see...
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Jan 6, 2013
01/13
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educated no one else went up so much ire because of the environment he and offered. .. >> i watched shows, all suburban tv shows. oh, wait, "hawaii 5-0", "streets of san fransisco," you know, crime advocacy -- television shows. there was lucille ball, and the presence outside the light well of the kitchen dining. what did the kids -- what did the millenials watch? "friendsfriends," and "sex in te city." my complacency, living in the suburb and idolizing was replaced by longing, wanting something they did not have, and that's a reason why these people are so much more oriented towards cities. richard florida talks about how kids don't want cars anymore or don't want to own homes anymore because they are seen as burdens and limitations. as long as they are connected on the hand held, they want to have as much freedom as possible. they want to be able to bike, as you know, and they want to take transit so they don't need to use the car. they are moving to cities, but cities that offer them this lifestyle, not the cities that require them, as we say, to have the automobile as a device. what's
educated no one else went up so much ire because of the environment he and offered. .. >> i watched shows, all suburban tv shows. oh, wait, "hawaii 5-0", "streets of san fransisco," you know, crime advocacy -- television shows. there was lucille ball, and the presence outside the light well of the kitchen dining. what did the kids -- what did the millenials watch? "friendsfriends," and "sex in te city." my complacency, living in the suburb and...
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Jan 16, 2013
01/13
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i would put aside the conspiracy theories and fiscal ir responsibility. i think this is just a move to bring things pack to where they were a long time ago. 37% of the gold will still stay here in the united states. that's according to a press release from the bundesbaenk. >> does this remind you of operation grand slam in gold favor? grand slam. get that gold out. >> i love that. let's go to rick santelli in chicago. >> i think what you guys are trying to think of is kelly zeros. we were talking about that on "squawk box." anyway, gold is the topic. everybody finds it fascinating. i wonder if they pay monthly storage rates like when you rent one of those garage spaces. gold is always in everybody's minds. one of the great trades down here. everybody likes to dabble with it. interest rates, not as exciting of a trade. when you look at the two-day charts of 10s and 30s, not big ranges. but there's a pattern developing. it seems rates dip early and come back late. yesterday we were flirting with rates around 180. the fact that we have lower interday two suc
i would put aside the conspiracy theories and fiscal ir responsibility. i think this is just a move to bring things pack to where they were a long time ago. 37% of the gold will still stay here in the united states. that's according to a press release from the bundesbaenk. >> does this remind you of operation grand slam in gold favor? grand slam. get that gold out. >> i love that. let's go to rick santelli in chicago. >> i think what you guys are trying to think of is kelly...
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Jan 10, 2013
01/13
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irs report is up to them. issuing the debt. other things that treasury secretary has to have some form of independence. also, tyler, think about it being a loss for the white house itself. not having somebody with credentials that the market can latch on to, to advocate policies. here are credentials of jack lew in the screen we call, you don't know jack. you can see very much political. look at the next bit. twice serving as budget director and most recently as chief of staff. unless you count the preef time he spent at citigroup as being that piece of independence or new york university. it is not the kind of thing tyler that market will say, you know what? he is one of us. that raises questions about the policy and also we talked about is he is the guy who will be in the chair standing up for the financial -- for the next financial met down. >> a long policy insideer. steve, stay with us, as we bring in our panel. joining us is john harwood with the political fall out and with the markets, bob pisani. i guess people criticiz
irs report is up to them. issuing the debt. other things that treasury secretary has to have some form of independence. also, tyler, think about it being a loss for the white house itself. not having somebody with credentials that the market can latch on to, to advocate policies. here are credentials of jack lew in the screen we call, you don't know jack. you can see very much political. look at the next bit. twice serving as budget director and most recently as chief of staff. unless you count...
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Jan 24, 2013
01/13
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cheryl: because -- >> well, the fcc wouldn't say it. cheryl: cohen, successful years, money made, so, of course, he's done something wrong. >> i know him pretty well. he's obviously not a big fan of mine because i keep reporting this stuff. i happen to like him, and i, you know, i appreciate the fact he's brilliant in a lot of ways, but here's where the regulators, the prosecutors at the u.s. attorney's office of the southern district, running the probe on the criminal side, and with the fcc is doing on the civil side. they'll say, listen, it is mathematically impossible to basically have the returns that he has, which is pretty steady returns that beat the market. you beat the market almost every year. you know, except for 2008 when you had the financial collapse. it's impossible to do that unless you're cheating. that's what they would say, and now, that said, they have not charged him. they have not charged the firm formally. wells noted the intent to charge. the full commission has to do something, and they charged hedge fund manage
cheryl: because -- >> well, the fcc wouldn't say it. cheryl: cohen, successful years, money made, so, of course, he's done something wrong. >> i know him pretty well. he's obviously not a big fan of mine because i keep reporting this stuff. i happen to like him, and i, you know, i appreciate the fact he's brilliant in a lot of ways, but here's where the regulators, the prosecutors at the u.s. attorney's office of the southern district, running the probe on the criminal side, and...
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lori: apple has cash overseas keeping billions out of reach of irs but that could be changing. liz macdonald has the story. ashley: she's on the table. wendy's testing a new menu item. find out what it is later this hour. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] save on ground shipping we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. >> i'm adam shapiro with your fox business brief. stocks snapped a three-day losing streak with all three major indexes finishing in the green. at the closing bell the dow was up 63 points ending
lori: apple has cash overseas keeping billions out of reach of irs but that could be changing. liz macdonald has the story. ashley: she's on the table. wendy's testing a new menu item. find out what it is later this hour. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients...
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Jan 11, 2013
01/13
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it likely goes well, but you just don't like to have the irs snooping around on things that have already been put to bed. >> the boeing executive who spoke this morning, the problem he does not believe is related to outsourcing. had that occurred to you, that that could be a problem? or a factor in this complication? >> well, it was interesting. you know, i think we're in the phase of unknown unknowns, so boeing, we don't know what we don't know right now. so i know they're saying that. but we have the faa all over the airplane, the ntsb all over the airplane. i think the risk for the -- i see two camps on this stock. you have the teethers, those who believe everything is a teether problem, and the tip of the icebergers saying could this be something else. i think with this investigation going on and the faa already actively on the airplane, it will be difficult to take event, especially if it's a severe event, and say, this is fine, this is fine. long term they're going to sort it out. i agree with what jim cramer said, i'm in the same camp that said, why not do a derivative play on thi
it likely goes well, but you just don't like to have the irs snooping around on things that have already been put to bed. >> the boeing executive who spoke this morning, the problem he does not believe is related to outsourcing. had that occurred to you, that that could be a problem? or a factor in this complication? >> well, it was interesting. you know, i think we're in the phase of unknown unknowns, so boeing, we don't know what we don't know right now. so i know they're saying...
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Jan 11, 2013
01/13
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i am proud of my 200 agent auditors and investigators because they all have that ire in the belly. they could work elsewhere elsewhere. they are working in conditions as bad as our military is in afghanistan but many of them are housed in the same facility. there are men and women, but they take that mission because they believe in it and that's the difference with sigar. that is why it makes a difference. now, i also told them that we are going to be fair, we are going to be aggressive but we are going to be relevant and we are going to do it quickly. because says the security issue changes there, we are going to make a difference, we have to do it soon. this means we are going to employ traditional ig methods but we are not going to stop there. instead we are going to explore new innovative ways of conducting oversight. some examples of those are that we have the most aggressive suspension and debarment per-gram in the inspector general community. we have recommended 206 entities and individuals for suspension and debarment since this program is launched, far more than any other
i am proud of my 200 agent auditors and investigators because they all have that ire in the belly. they could work elsewhere elsewhere. they are working in conditions as bad as our military is in afghanistan but many of them are housed in the same facility. there are men and women, but they take that mission because they believe in it and that's the difference with sigar. that is why it makes a difference. now, i also told them that we are going to be fair, we are going to be aggressive but we...
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Jan 13, 2013
01/13
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fths irs and fewer activities as well, but a die-hard obama fan with the right hat can party anywhere she wants. thanks for watching "state of the union." i'm candy crowley in washington. head to cnn.com/sotu for extras and analysis. if you missed any part of today's show find us on itunes, just search state of the union. fareed zakaria gps is next. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. we v a series of feisty debates on the hot topics of the day. we start with president obama's nomination of senator chuck hagel to be the next secretary of defense. we have a clash you will want to watch. >>> then the relationship between the united states and russia keeps getting worse, whose fault is it? moscow or washington? a debate. also, the next fight in washington will be over the debt ceiling. can president obama end this craziness and bypass congress altogether? we'll talk about the out of the box solutions and whether they would work. >>> and, finally, this is the signature of the man who might be the
fths irs and fewer activities as well, but a die-hard obama fan with the right hat can party anywhere she wants. thanks for watching "state of the union." i'm candy crowley in washington. head to cnn.com/sotu for extras and analysis. if you missed any part of today's show find us on itunes, just search state of the union. fareed zakaria gps is next. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm...
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Jan 18, 2013
01/13
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foreign financial institutions are going to now have to report to the irs if any american taxpayers assets total $50,000 or more. >>> and china's economy posting its slowest growth in 13 years in 2012. though there was evidence of a year-end rebound. china's gdp was up 7.8% last year and was ahead of the government's 7.5% target, which seemed in doubt just a few months ago. joe? >> treasury secretary tim geithner telling "the wall street journal" that the economic recovery is entering the home stretch. hopefully that doesn't mean that it's going to -- it's almost over. geithner says, in his words, i think in the recovery, if you do basketball, we're in the early part of the fourth quarter. he also says we are through the big -- i think in the bad -- we're towards the end of the -- >> right. >> of coming back. and now we're going to be back all the way. >> he just likes to tell obama that they were in the second inning, always. every time obama would ask him how things were, he'd say the second inning. now he's moved to basketball. >> the fourth quarter, the end of the game takes forever. i
foreign financial institutions are going to now have to report to the irs if any american taxpayers assets total $50,000 or more. >>> and china's economy posting its slowest growth in 13 years in 2012. though there was evidence of a year-end rebound. china's gdp was up 7.8% last year and was ahead of the government's 7.5% target, which seemed in doubt just a few months ago. joe? >> treasury secretary tim geithner telling "the wall street journal" that the economic...
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Jan 23, 2013
01/13
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so we're going to go through different ideas, from education, but just right off the bat, the irs has a suggested amount that you can multiply by the number of exemptions and subtract from your income. so also the main thing, gretchen, is that you're filing the right way. married, obviously a couple, married. that's a great way to file. head of household. if you are divorced, it's a little tricky. are you the head of the household for over six months? are you the primary care giver and incurring most of the cost. in which case, this child is your dependent. >> gretchen: so only one much you can claim this. >> right. >> gretchen: tax blessing number two, the child tax credit. what's that? >> so this one, you get $1,000 credit per child. gone are the days that you're passing down the money so freely to the kids. that is taxed so heavily. we know that for a fact. so let's go with this one. get in there and try and get that $1,000 tax credit. there is no forms, nothing. just put in for it. if you have more than one child, orgeat form, the 8812. it will compute that one. this one you could
so we're going to go through different ideas, from education, but just right off the bat, the irs has a suggested amount that you can multiply by the number of exemptions and subtract from your income. so also the main thing, gretchen, is that you're filing the right way. married, obviously a couple, married. that's a great way to file. head of household. if you are divorced, it's a little tricky. are you the head of the household for over six months? are you the primary care giver and...
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Jan 7, 2013
01/13
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i was wondering if the administration was asking the irs to postpone refund for people or were you thinking about issuing an order about which credit tors would be paid first? >> there is a letter from the end of the year including estimates when the debt ceiling would be reached and measures the treasury department has in the past and is now taking with rartsdz to that matter. but i would refer you for the questions you asked to the treasury department. >> you keep saying the president won't negotiate -- at the risk of sounding naive how does that work. if the members of congress don't have the strotes raise the sealening, does he say i'm not going to talk about that? >> the president believes members of congress were elected to serve their constituents and as one of their essential responsibilities to ensure that they do no narm congress to this economy and to the livelihoods of average americans, flirting with default or even worse, allowing default would be a violation of those primary these are bills that congress built. if congress but they should not be paying these bills are there s
i was wondering if the administration was asking the irs to postpone refund for people or were you thinking about issuing an order about which credit tors would be paid first? >> there is a letter from the end of the year including estimates when the debt ceiling would be reached and measures the treasury department has in the past and is now taking with rartsdz to that matter. but i would refer you for the questions you asked to the treasury department. >> you keep saying the...
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Jan 12, 2013
01/13
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fiscal cliff nobody was really able to get the systems in place the irs so people have the ability to file taxes. systems aren't set. they don't have the forms ready it's going to take time for people to be able to file their taxes. >> some tax credits coming online that won't even be ready until march. in other words, if you are an eager beaver and you get your taxes done in january, you won't even be able to apply for some of these tax credits. >> you have to wait until march or april an accountant's life is going to be a problem when it comes to april. they will be busy. >> what's the difference between a tax credit and tax deduction? >> very good question. tax credit is dollar for dollar reduction off tax liability. what it means is if i have a tax deduction of a thousand dollars and 20% tax bracket i save $250. worth a thousand dollars off the taxes. somebody in the 10% tax bracket. tax bracket more powerful than tax deduction. >> take a look available in march. >> for instance there is the residential energy credit. what's that? >> gives people who are doing things to make their
fiscal cliff nobody was really able to get the systems in place the irs so people have the ability to file taxes. systems aren't set. they don't have the forms ready it's going to take time for people to be able to file their taxes. >> some tax credits coming online that won't even be ready until march. in other words, if you are an eager beaver and you get your taxes done in january, you won't even be able to apply for some of these tax credits. >> you have to wait until march or...
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Jan 19, 2013
01/13
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last year, i put the maximum amount into my ir , also. this year, i think the limit is $58,500 for an individual for using an ira after a 401k max. is that true? guest: typically, if you put money into a 401k, you put money into an ira, eudora -- you cannot usually double dip. you usually have to put that money in after-tax. is that what you have done? caller: i put the money in after-tax. guest: i'm not exactly sure what the dollar amount is in terms of that. that is something that most people -- the majority of people don't come close to matching out there 401k plan. once people hit 50, there's something called a catch-up election which allows people to put more money in their 401k plan and theiroira once they hit 50. some people can do up to $23,000 per year. host: from twitter -- guest: in terms of the mortgage, having your mortgage paid off completely is a completelyplus. the problem with that today is when you look at the numbers of households, even senior household, a good number of them, a majority have a paid up mortgage but as w
last year, i put the maximum amount into my ir , also. this year, i think the limit is $58,500 for an individual for using an ira after a 401k max. is that true? guest: typically, if you put money into a 401k, you put money into an ira, eudora -- you cannot usually double dip. you usually have to put that money in after-tax. is that what you have done? caller: i put the money in after-tax. guest: i'm not exactly sure what the dollar amount is in terms of that. that is something that most people...
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Jan 24, 2013
01/13
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FBC
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market of 401(k)s, irs, and everybody watched the financial crisis when the dow was at 6500 after having been at 14,000, to see it come all the way back up and not far from 14,000 is a good feeling for folks who really lost a lot during that time. the dow today, right now, at 13820, off the earlier highs hitting five year highs again. the s&p 500 broke through 1500, back to the early five years ago in 2007, december of 2007, those highs. we are watching as far as sector to sector, you mentioned apple at the top of the show and technology. of the ten sectors we follow, the only sector in the red because of apple because consumer discretionary is the top performer. back to you. >> how about that. nicole, thank you so much. talk more about apple as you saw. shares are getting crushed. shares of netflix, well, they are soaring. this as microsoft gears up to report earnings, and we have the latest on all things test. >> a tale of two very different earnings reports. it's only thursday, but feels like freaky friday. look at the stock price of netflix and apple, apping shares down 11% and netfl
market of 401(k)s, irs, and everybody watched the financial crisis when the dow was at 6500 after having been at 14,000, to see it come all the way back up and not far from 14,000 is a good feeling for folks who really lost a lot during that time. the dow today, right now, at 13820, off the earlier highs hitting five year highs again. the s&p 500 broke through 1500, back to the early five years ago in 2007, december of 2007, those highs. we are watching as far as sector to sector, you...
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625
Jan 17, 2013
01/13
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WRC
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irs and they made that decision in 1993 in the nation of 2400 lawsuits from the church and church members. >> concluding it is a religion? >> yes. >> let's talk about what you found in your book. you say you interviewed more than 200 people you looked at thousands of pages of documents. what is the most troublesome practice you say you uncovered through your research? >> the recruitment of children at very young age to join their clergy call a sea orb, they step away from their education, they are impoverished by their service and made to work long hours, as paul said you can on that clip. some of these kids, you know, one of them i talked to, he was put in one of these heavy machinery factories where they notch books and they chopped off part of his finger. he was 16 years old. according to the labor laws in the state of california, he shouldn't have been in that kind of situation. he should have been in school to start w >> you mention the labor laws, i should mention again, the church of scientology says it comp lies about all applicable child labor laws and as a blanket matter, denies
irs and they made that decision in 1993 in the nation of 2400 lawsuits from the church and church members. >> concluding it is a religion? >> yes. >> let's talk about what you found in your book. you say you interviewed more than 200 people you looked at thousands of pages of documents. what is the most troublesome practice you say you uncovered through your research? >> the recruitment of children at very young age to join their clergy call a sea orb, they step away...
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Jan 30, 2013
01/13
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they've been under investigation by the justice department, sec, irs, state of michigan. there's questions about their spending, debt levels, aubrey mcclendon's related transactions, reportedly borrowed more than a billion dollars from a major investor in cheese peek. the board was almost totally shaken up, only about two more members remain out of the 12. it's much more investor focused. apparently they clashed with mcclendon and spending decisions he was having to seek their permission and something called an aubrey discount in the stock that was essentially trading at depressed levels -- >> you called that a pop. is that a temporary pop or real? >> when the ceo of 24 years fun toed the company, shaped it, responsible for its growth and success to a certain point leaves and you get an 11% rally premarket, that's significant. >> who will take the role? >> i don't know. i'm told they've hired an executive recruiting firm and want a more mature company enp oil company ceo. they will look for somebody with industry experience, somebody that doesn't have that entreprene entr
they've been under investigation by the justice department, sec, irs, state of michigan. there's questions about their spending, debt levels, aubrey mcclendon's related transactions, reportedly borrowed more than a billion dollars from a major investor in cheese peek. the board was almost totally shaken up, only about two more members remain out of the 12. it's much more investor focused. apparently they clashed with mcclendon and spending decisions he was having to seek their permission and...
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Jan 30, 2013
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so far here's what the ief is. seven-to ten-year treasuries. ire down. cyclicals, this is the cyc index, that's up over 6% and copper up 2.6%. overall it looks like the bull trade seems to be working. aisle keep an eye on this and let you know how it's coming. >> do you think the dow will hit 14,000. >> if the historical movement is true, i think it will happen. >> thank you very much. bob pisani. the launch of the new blackberry 10 and carl quintitin is back. >> one indication of how it may sell. when we come back, we'll talk to gazelle, the buyback startup about what they're sealing in terms of blackberry follow up and later on kevin from crack with crackberry swore he would not cut his hair until the 10 was launched. he got his hair cut today. we'll talk to him when "squawk on the street" returns. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and e
so far here's what the ief is. seven-to ten-year treasuries. ire down. cyclicals, this is the cyc index, that's up over 6% and copper up 2.6%. overall it looks like the bull trade seems to be working. aisle keep an eye on this and let you know how it's coming. >> do you think the dow will hit 14,000. >> if the historical movement is true, i think it will happen. >> thank you very much. bob pisani. the launch of the new blackberry 10 and carl quintitin is back. >> one...
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Jan 3, 2013
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second quart ir. if you look, we had basically the same level of incentive spend that we did a year ago. our transaction prices were actually up. our best pickup month since september 2008. we feel good where we ended up. >> you don't think you need to cut production? i want to be clear here? >> no, sir. no, sir. no. we feel we are very much on plan. >> curt mcneil, the vp of u.s. sales for general motors joining us first on cnbc from the company's headquarters today. melissa, one other negotiate the end of the year with volt sales topping 23,000, selling more than 2600 in the month of december. i know a lot of people will sit there and say just 23,000 volts? an improvement compared to where they were a year ago but just to give you some per spec istive on where they are with that particular vehicle is. >> phil, before we let you go, think it's important to point out the role that auto sales are having in the u.s. recovery. xred de credit suisse has a lot of coverage. 30% of all economic growth was do
second quart ir. if you look, we had basically the same level of incentive spend that we did a year ago. our transaction prices were actually up. our best pickup month since september 2008. we feel good where we ended up. >> you don't think you need to cut production? i want to be clear here? >> no, sir. no, sir. no. we feel we are very much on plan. >> curt mcneil, the vp of u.s. sales for general motors joining us first on cnbc from the company's headquarters today. melissa,...
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ir deemible forever. >> that's a stupid study. >> you heard it from al. >>> the biggest charitable donations. warren buffet donated $3.09 billion. >> with a b. >> with a b. mark zuckerberg gave up 500 million bucks of his cash. microsoft co-founder, paul allen, $300 million, mort zuckerman, newspaper tycoon, $200 million, and the top biggest donors gave up $500 billion and of that, $3 billion from warren buffet. >> it's not chump change but not a big deal. i like the big and little. i like more like donating your time. my grandmother always said do as much as you can for as many people as you can as long as you can. that's what we try to do. >> that's what make this country great founded on charitable giving and volunteerism because giving of your time is just as important. >> we don't have the billion with a b. >> wall street brokers and others have been mall lined but they have put a lot of time and money in there. now, we've arrived. al, as you may have heard is never going back. his new book "never going back" winning the weight loss battle for good. al's advice, i love this, shut your m
ir deemible forever. >> that's a stupid study. >> you heard it from al. >>> the biggest charitable donations. warren buffet donated $3.09 billion. >> with a b. >> with a b. mark zuckerberg gave up 500 million bucks of his cash. microsoft co-founder, paul allen, $300 million, mort zuckerman, newspaper tycoon, $200 million, and the top biggest donors gave up $500 billion and of that, $3 billion from warren buffet. >> it's not chump change but not a big deal....